International express delivery world market leader DHL Express has opened a new 13,000-sqm Center at the Budapest Airport Business Park joining DHL's other two divisions, a DHL Global Forwarding and DHL Freight, which moved in 2013.

Knorr-Bremse Rail Systems, the German company manufacturing eailway brake and air systems had it new manufacturing hall in Budapest inaugurated this Tuesday. A training workshop was also presented at the company's premises in the Hungarian capital.

The first two electric buses have been manufactured at the plant of the BYD Electric Bus and Truck Hungary Ltd. in the local industrial park in Komárom, west of Budapest. The Chinese company opened its Hungarian plant in April this year.

German-owned passenger transport company FlixBus has opened a Central Eastern European regional office at the Népliget Bus Station in Budapest in order to coordinate its Hungarian, Romanian and Bulgarian networks.

The Hungarian trucking company WABERER’S INTERNATIONAL Plc. has announced on the website of the Budapest Stock Eschange (BUX) that its series “A” dematerialised, registered ordinary shares are to be included in the BUX basket with a weight of 0.91%.

Chinese automobile manufacturer BYD is establishing Europe’s first electric bus factory in Komárom, NW Hungary with an investment of HUF 6.2 billion forints (EUR 20 mn). Production is expected to already begin early next year.

On-demand ride share service company Uber is suspending its services in Budapest as of 24 July when new legislation enters into effect, facilitating the blocking of platforms that offer "illegally operating taxi services."

Hundreds of taxi drivers blocked roads in downtown Budapest to demand the banning of the Uber service that syphons away customers from them. They claim the Uber service is illegal as it does not conform to the requirements cab drivers must adhere to.

There is no better start to an interview than the interviewee asking a question to the interviewer. It instantly provokes a vibrant, open minded and straight forward atmosphere. This is exactly what occurred when D&T sat down to interview Dror Harel, country manager of Air France KLM in Budapest.

Hungary, Serbia and China signed an agreement on the modernization of the Budapest-Belgrade railroad on Wednesday. It will be part of a transit route to allow the fastest transportation of Chinese goods form Greek harbors to Europe.

A transport authority in Florida ordered another contingent of Hungarian buses from the NABI company, following an order last year. Another Hungarian bus manufacturing company, Kravtex unveiled its new model.

Hungary’s state-owned railway company MÁV has signed an agreement with China Railway Construction Coproration to receive technological, construction and financing tools for the modernisation of MÁV from the Chinese company.